Key Points: Authorities deny Jing Yaping’s involvement in Bitcoin mining.
No recorded impact on cryptocurrencies reported.
Official dismissed allegations as AI-generated rumor.
The Guizhou Provincial Commission for Discipline Inspection debunked claims that former Big Data Bureau director Jing Yap

Key Points: Eric Trump reports major banks closed his accounts, leading to cryptocurrency adoption.
Eric Trump joins ALT5 Sigma board amid financial shifts.
Market and regulatory responses reflect increasing concerns over “debanking” practices.
Eric Trump, son of former President Donald Trump, rep

Key Points: a16z and DeFi Education Fund submitted a petition to the SEC for regulatory clarity.
They seek protection for DeFi websites.
The petition addresses broker-dealer registration exemptions.
On August 13th, venture capital firm a16z and the DeFi Education Fund submitted a petition to the S

Key Points: Do Kwon pleads guilty implicating U.S. and South Korean legal systems.
Faces a 12-year sentence for conspiracy and fraud.
Agrees to pay $80 million penalty and global trading ban.
Terraform Labs founder Do Kwon has agreed to a plea deal on fraud charges, allowing him to serve part of h

Key Points: Focus on reducing operational costs and technical barriers.
Emphasis on technical setup, not immediate market influence.
Potential for long-term advancements in blockchain innovation.
ChainCatcher and Alibaba Cloud announce a partnership on August 13, 2025, to enhance Web3

Key Points: Institutional crypto integration is reshaping traditional finance.
Bitcoin and Ethereum are key anchors in institutional portfolios.
Financial leaders emphasize the need for blockchain technology understanding.
Wang Feng, founder of LightHash, highlighted cryptocurrency’s growing

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Cryptocurrency exchange Bullish, backed by Peter Thiel, is set to list on the NYSE under ticker BLSH on August 13, aiming to raise $990 million.
 The listing, supported by BlackRock and ARK Invest, underscores growing institutional

Key Points: Perplexity AI makes $34.5 billion offer for Google’s Chrome.
Designed to address U.S. antitrust measures.
Investor backing noted, but specifics undisclosed.
Perplexity AI has extended a $34.5 billion acquisition bid for Google’s Chrome browser, aimed at complying with U.S. antitrust me

Key Points: U.S. judge claims Do Kwon will plead guilty in a $40 billion crypto case.
No primary source confirmation or leadership reactions to the reported plea.
Market lacks new on-chain or institutional responses to the allegations.
U.S. court judge claims Terraform Labs founder Do Kwon will pl

Key Points: Diginex signed a memorandum to acquire Findings for $305 million.
The acquisition involves $270 million in shares and up to $35 million cash.
Immediate market reaction remains focused on Diginex shares.
Diginex, a Nasdaq-listed

Key Points: Adriana Kugler’s resignation creates a vacancy on Federal Reserve Board.
President Trump nominates Stephen Miran to fill the position.
Federal Reserve’s potential rate cuts attract financial market attention.
PANews reports that on August 13th, a claim surfaced about reducing Federal R

Key Points: Transak raises $16 million led by Tether for expansion.
Plans include stablecoin network and global market entry.
Tether holds over 60% of the stablecoin market share.
Web3 payment company Transak secured $16 million in funding, co-led by IDG Capital and Tether, to expand its stablecoi

Key Points: USDC Treasury minted 250 million USDC on Solana at 18:55 and 18:56 Beijing time on August 12.
The mint significantly boosts available USDC liquidity on Solana.
Experts suggest no immediate regulatory reaction to this mint.
Whale Alert reported that the USDC Treasury minted 500 million

Key Points: Ethena reaches over $10 billion TVL, second after Aave.
A notable achievement in non-staking DeFi protocols.
TVL now at $11.89 billion with 4.72% sUSDe APY.
Ethena has exceeded a Total Value Locked (TVL) of 11.89 billion USD, becoming the sixth DeFi protocol to achieve this

Key Points: Fosun reportedly pursues Hong Kong stablecoin license.
No official confirmation from involved parties.
Regulatory regime active from August 2025.
Chinese conglomerate Fosun International reportedly aims for a stablecoin license in Hong Kong, involving meetings with regional officials i